UTA Loan manual repayment update

To strengthen stability and risk controls for UTA Loan manual repayments, we're upgrading:

- How we calculate coin-conversion repayment fees

- The repayment limit for coin-conversion repayments

This update takes effect on Feb 10, 2026, 8AM UTC. Please review the upcoming changes:

1. Coin-conversion repayment fee rule

When you repay UTA Loan debt using collateral via coin conversion, we’ll apply the higher fee rate:

Actual coin-conversion repayment fee rate = max (collateral asset coin-conversion fee rate, debt asset coin-conversion fee rate)

Example

If you use BTC collateral to repay a USDT debt, the fee rate charged is the higher of BTC’s and USDT’s coin-conversion fee rates.

Applies to:

- Single-asset manual repayment

- Full manual repayment

Check coin-conversion fee rates [here](https://docs.google.com/spreadsheets/d/1s10W8JhiUGDGlOI1uveor5VuaPkNxAUWZXGAYurJ2nw/edit?gid=0#gid=0).

2. Repayment amount limit

To manage the market impact of large coin-conversion repayments, we’re introducing a per-repayment limit for the functions below.

Initial limit: 300,000 USD-equivalent per repayment

Future updates: We may adjust this limit based on market conditions, liquidity and risk controls. Any changes will be announced in advance.

2.1. Single-asset repayment

If the USD-equivalent amount you need to repay for a single debt asset (via coin conversion) reaches or exceeds the system limit:

We first use your available balance of the same asset for direct repayment.

After that:

- If the remaining debt reaches or exceeds the system limit, Single-asset repayment can’t be used for this repayment.

- If the remaining debt is below the system limit, repayment is allowed. Coin conversion applies only to the shortfall.

2.2. Full repayment

If the USD-equivalent total of all debts you need to repay (via coin conversion) reaches or exceeds the system limit:

We first use your available balances of each debt asset for direct repayment (converted to USD-equivalent and summed).

After that:

- If the remaining total debt reaches or exceeds the system limit, full repayment can’t be used.

- If the remaining total debt is below the system limit, repayment is allowed. Coin conversion applies only to the shortfall.

Example

Coin-conversion limit: 300,000 USD-equivalent

User debts and balances

- Debt: 320,000 USDT | Wallet: 60,000 USDT

- Debt: $100,000 equivalent in ETH | Wallet: $40,000 equivalent in ETH

Single-asset repayment (USDT only)

Coin-conversion amount = 320,000 − 60,000 = $260,000 equivalent

Below the limit → Single-asset repayment is allowed

Full repayment (USDT + ETH)

- USDT: 320,000 − 60,000 = 260,000

- ETH: 100,000 − 40,000 = 60,000

Total coin-conversion amount = $320,000 equivalent

Above the limit → Full repayment isn’t allowed

3. If you hit the limit

If your coin-conversion repayment amount reaches the system limit, you can still repay by:

- Buying the debt asset on the spot market manually

- Waiting for the asset to be credited to your wallet

- Using single-asset repayment or full repayment to complete repayment

Thank you for your continued support.